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Student Loan Interest Deduction Explained
・The student loan interest deduction can reduce your taxable income by up to $2,500 per year. ・You do not need to itemize deductions to claim it, but income limits apply. ・Many borrowers save $200 to ...
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Tax Deductions For Tuition And Student Loans
You've probably heard of the student loan interest deduction. But what you may not know is that this is just one of several tax breaks for tuition and student loans that are baked into the U.S. tax ...
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